Annual government levy deadline, 30th of June 2019.
Please be reminded that all Cyprus companies should settle the special annual government levy of 350 euro by the 30th of June 2019. The settlement of the annual duty should ONLY...
Recent changes in Cyprus company law – December 2018.
The Cyprus Companies Law was amended in December 2018 by the House of Representatives (Law 149(I)/2018) . Certain changes came into force at of the date of publication of the...
Debt Collection and Civil Procedure in Cyprus.
The legal procedure to recover a debt in Cyprus is regulated by the Civil Procedure Rules. The Court procedure starts with the filing of the Writ of Summons to the appropriate...
The new AML Directive by the Central Bank and shell companies-February 2019
The Central Bank of Cyprus (‘CBC’) has issued last February 2019 the 5th edition of the Directive on the Prevention of Money Laundering and Terrorist Financing (‘the CBC AML/CFT Directive’) which...
Cyprus has made ‘enormous progress’ on money-laundering clampdown.
US Department of Treasury Assistant Secretary for Terrorist Financing Marshall Billingslea on Friday praised Cyprus’ “enormous progress” on issues relating to anti-money laundering (AML). Billingslea who is visiting Cyprus, met...
